LONDON , England -LRB- CNN -RRB- -- Italian football manager Carlo Ancelotti has gone from Milan to London in less than a day .

Carlo Ancelotti will take over as manager of Chelsea from July 1 this year .

Just 24 hours after resigning from his highly-successful eight-year stint at Italy 's AC Milan , he has been announced as the new manager of English Premier League club Chelsea -- replacing temporary manager Guus Hiddink .

Chelsea , who won the FA Cup at the weekend , were looking for a permanent manager for the start of next season -- and Ancelotti has been signed on a three-year deal to the west-London club .

A statement on Chelsea 's web site read : `` Carlo was the outstanding candidate for the job . He has proved over a long period his ability to build teams that challenged for , and have been successful in , major domestic and European competitions . ''

Ancelotti , who turns 50 next week , has been in management since 1995 , when he took charge of Italian Serie B club Reggiana . Although he only spent one season at Reggiana , he managed to earn them promotion to the top-flight Serie A league . Since then he has managed Parma and Juventus , before taking on the San Siro-based giants AC Milan .

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As a manager he has enjoyed plenty of success , particularly in his time at the Rossoneri . He steered Milan to the Coppa Italia in 2003 , the Serie A title in 2003 -- 04 , the UEFA Champions League in both 2002 -- 03 and 2006 -- 07 , the UEFA Super Cup in 2003 and 2007 and the FIFA Club World Cup crown in 2007 .

Before entering management , Ancelotti had a significant playing career as a midfielder with AS Roma and AC Milan . During his time at both clubs he amassed three Serie A titles , two European Cups , and he also won the Coppa Italia four times with Roma .

He is one of only six people to ever win the Champions League as both a player and manager -- a list which includes current Barcelona manager and this year 's winner , Josep Guardiola .

Ancelotti also represented Italy on 26 occasions , scoring once . He played in the 1986 and 1990 World Cups alongside players such as Roberto Mancini and the recently-retired Paolo Maldini .

Despite his management success at AC Milan , it has been widely reported that his relationship with the club 's owner , Silvio Berlusconi , has not been strong in 2009 .

He takes over at Chelsea as the permanent replacement for Luiz Felipe Scolari , although Guus Hiddink has been in charge since Scolari was sacked from Stamford Bridge in February .

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London football club Chelsea appoint Carlo Ancelotti as their new manager

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Ancelotti has been in charge of Italian giants AC Milan for the past eight years

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As a manager , Ancelotti has enjoyed multiple Italian and European successes

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The Italian previously represented his country as a player , scoring one goal